ANZ Commercial Bill - Products and services

ANZ Commercial Bill

A short or long-term answer for major cash needs

Often the ideal option for short or long-term financing, Commercial Bills can be an excellent answer when you need a significant injection of cash above $100,000. Normal terms are from seven to 180 days with a variable or fixed interest rate.

With fixed rate bills, your interest rate remains constant for the term of the facility, which may include several rollovers. With variable rate bills, the interest rate is fixed for each period. If the period is extended or rolled over, the interest rate may vary.

Your commitment is to repay the face value of the Bill at the end of the term of the loan agreement.

Borrowing via a commercial bill facility offers the flexibility to:

How to apply

For businesses with turnover $5M to $40M:

Business Direct Centre
Telephone icon1800 801 485 - 8am-8pm (AEST) weekdays

For corporates & large corporates with turnover more than $40M:

Enquire online icon Email Corporate Banking

Telephone icon1300 883 798
Telephone icon+61 3 9601 1260

Standard features

Purpose
Short or long-term finance for any approved commercial or investment purpose.

Interest rate 
Available on application.

Term 
Up to five years (longer terms available on application).

Interest types 
Variable, fixed or maximum (capped) interest rate structures.

Minimum amount
$100,000 (higher amounts and reductions in multiples of $5,000).

Interest frequency
30, 60, 90, 180 days (longer terms may be negotiated).

Repayment frequency 
The face value of the Bill is repaid at the end of each rollover period.

Security 
Unsecured or secured by residential, rural or commercial property and/or business assets, or a combination of these.

Fees and charges 
Fees and charges are payable.

Refer to the ANZ Business Banking Finance Fees and Charges page for relevant details.

This product/service is generally suitable for businesses with turnover of $5 million to $40 million.